Zimmer Partners LP Raises Holdings in Vertiv Holdings Co. $VRT

Key Points

• Zimmer Partners LP has increased its holdings in Vertiv Holdings Co. by 200.0%, owning a total of 150,000 shares valued at approximately $10.83 million.
• Vertiv reported strong earnings for the last quarter with $0.95 earnings per share, surpassing estimates, and a year-over-year revenue increase of 35.1%.
• The company recently announced a quarterly dividend of $0.0375 per share, signaling continued returns to investors despite recent insider stock sales.

Zimmer Partners LP increased its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 200.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 150,000 shares of the company's stock after purchasing an additional 100,000 shares during the quarter. Zimmer Partners LP's holdings in Vertiv were worth $10,830,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. GW&K Investment Management LLC purchased a new stake in shares of Vertiv during the first quarter worth approximately $26,000. SouthState Corp acquired a new position in Vertiv during the first quarter worth $27,000. North Star Investment Management Corp. boosted its stake in Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after buying an additional 412 shares during the last quarter. Sachetta LLC boosted its stake in Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after buying an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA acquired a new position in Vertiv during the first quarter worth $33,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Price Performance

VRT opened at $121.72 on Tuesday. The stock's 50-day moving average price is $131.13 and its 200 day moving average price is $106.72. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm has a market cap of $46.48 billion, a price-to-earnings ratio of 58.24, a PEG ratio of 1.09 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the prior year, the company earned $0.67 EPS. Vertiv's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be paid a dividend of $0.0375 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's dividend payout ratio is presently 7.18%.

Insider Buying and Selling

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the sale, the director owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Paul Ryan sold 22,218 shares of the company's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 165,272 shares of company stock valued at $21,417,505. Corporate insiders own 5.01% of the company's stock.

Analysts Set New Price Targets

VRT has been the topic of a number of recent research reports. Wolfe Research reissued an "outperform" rating and set a $155.00 price objective on shares of Vertiv in a research note on Thursday, July 10th. The Goldman Sachs Group reissued a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. JPMorgan Chase & Co. boosted their price objective on Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective on the stock in a research note on Tuesday, July 8th. Finally, UBS Group upped their price target on Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

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